By: Mark Stern

June Newsletter

Tags: June Newsletter

Dear Friend, The Toronto real estate market experienced a very pleasant but unexpected jump in sales last month. Toronto real estate board members reported the sale of 4,606 homes which was only down 53.7% compared to the month before where the number of sales were down 67% from April 2019. The biggest surprise came in the form of Toronto prices. Despite headline grabbing negativity about Toronto ...Read More

By: Mark Stern

May Newsletter

Tags: May Newsletter

Dear Friend,   April statistics are in and I must admit, I am very surprised. Toronto Real Estate Board members sold 2,975 homes through the MLS system. Each home sold has someone who purchased it, so there were a total of 5,950 transactions. Yes those numbers are down 67% compared to April 2019 but much higher than I expected, given the circumstances. The number of new homes coming on the ma...Read More

April Newsletter

By: Mark Stern

April Newsletter

Tags: April Newsletter

April 2020, Dear Friend, I hope you and your family are staying safe and healthy during these trying times. It is a difficult time in our history, however, we are very fortunate that it happened in an era of high technology. The internet and cell phones allow many businesses like Amazon, Supermarkets, takeout food delivery services and others to continue to provide services to us, which all limi...Read More

By: Mark Stern

March

Tags: March

Enter Blog Post Here...Read More

By: Mark Stern

March Newsletter

Tags: March Newsletter

Enter Blog Post Here...Read More

By: Mark Stern

February Newsletter

Tags: February Newsletter

Enter Blog Post Here...Read More

By: Mark Stern

January Newsletter

Tags: January Newsletter

January 2020     Dear Friend,   The unusually active December real estate market is just proof of how strong the desire for home ownership is in the GTA! December’s  4,399 sales were up 17.4% over December 2019’s 3,746 sales! Total sales for calendar year 2019 amounted to 87,825 – up 12.6 % compared to the 78,015 sales reported in 2018 and the average price in...Read More

By: Mark Stern

December Newsletter

Tags: December Newsletter

December 2019   Dear Friend,   The Toronto real estate market continued its positive trend, with November’s 7,090 sales being up 14.2% compared to November 2018. The increased sales, coupled with new listings being down 17% year-over-year and active listings down 27.2% year-over-year, resulted in an increase in the average selling price to $843,637, 7.1% over November 2018.  O...Read More

By: Mark Stern

November Newsletter

Tags: November Newsletter

Dear Friend,   November 2019     Another strong month of sales as Toronto realtors sold 8,491 residential homes through TREB’s MLS System in October 2019. Sales numbers were up 14% over the 7,448 sales reported in October 2018. Fewer new listings brought to market, a lower inventory of homes available for sale and continued demand drove the average price higher as it rose 5.5%...Read More

By: Mark Stern

October Newsletter

Tags: October Newsletter

October 2019   Dear Friend,   The strong and upward trend in real estate sales in the GTA continued last month with sales increasing by a hefty 22.0% to 7,825. This reflects the continued and renewed confidence in the market due to lower interest rates and strong employment in the GTA. Discounted five (5) year fixed mortgage rates can be as low as 2.6% right now! What can...Read More